3-Room HDB for Room Rent: 133 Bishan Street 12

The recent valuation of the HDB 3-room unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $232,351 or $664 PSF. This valuation reflects a stable market signal, as it registers a 0% difference from the baseline, indicating that the property is currently priced in line with market expectations. Such market equilibrium is a testament to the resilient demand for HDB properties in well-established districts like Bishan, which is renowned for its strategic location and robust amenities.

Furthermore, the model confidence in this valuation is classified as high, derived from a comprehensive analysis of 92 recent HDB resale transactions in the vicinity. This extensive dataset not only enhances the reliability of the valuation but also underscores the competitive nature of the Bishan market, where properties are keenly sought after. As the remaining lease of 59 years continues to provide substantial tenure for prospective buyers, we anticipate that the demand will remain steady, supported by the area’s enduring appeal and its proximity to essential services and transport links.